Reuters reported that the European Commission has conducted an assessment of Apple Pay’s inclusion in the payment system on iOS, as it is the only app that can access NFC. However, it was not specified whether Apple had violated any rules or regulations. Nevertheless, it seems that Apple is proactively preparing for the outcome.
The report mentions that Apple has initiated discussions with payment service providers in the EU regarding access to NFC and tap-and-go functionality on iOS devices. It is expected that the European Commission will make a decision on whether Apple has violated any regulations next month.
According to Reuters, there are over 2,500 banks in the EU that support Apple Pay, along with more than 250 fintech platforms that have access to tap-and-go functionality and NFC.
TLDR: The European Commission is evaluating Apple Pay’s inclusion in the iOS payment system due to its unique ability to access NFC. Apple is in discussions with payment service providers about NFC access and tap-and-go functionality on iOS devices. Over 2,500 banks and 250 fintech platforms in the EU support Apple Pay. A decision is expected next month.
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